New Delhi [India], September 7: Bajaj Housing Finance Limited (BHFL), a significant player in India's housing finance sector, is gearing up for its Initial Public Offering (IPO). This strategic move aims to enhance its capital base and support expansion plans. The IPO will be managed in part
The Ministry of Finance, on Thursday, directed public sector insurance companies to extend and provide full support to the people affected by floods in Andhra Pradesh and Telangana.
M Nagaraju, Secretary, Department of Financial Services, Ministry of Finance, said today, "All of us are aware that India's robust banking system is getting ready to meet the needs of Viksit Bharat."
Despite the robust current state of India's banking system--characterized by high profitability, strong capital adequacy, and low non-performing assets (NPAs)--the sector faces challenges and opportunities to sustain its growth and support national economic ambitions.
Mumbai (Maharashtra) [India], September 4: HDB Financial Services (HDBFS), a leading non-banking financial company (NBFC), has set a new industry benchmark by becoming the first to integrate the National Payments Corporation of India (NPCI)'s e-KYC Setu System. This cutting-edge system, deve
Mumbai (Maharashtra) [India], September 4: SMFG India Credit Co. Ltd., a prominent player in India's Non-Banking Financial Company (NBFC) sector, proudly announces the opening of its 1000th branch, located in Vashi, Navi Mumbai. This landmark event underscores the company's unwavering commit
Amid questions on the depleting loan-to-deposit ratio in Indian banks, a recent report by Motilal Oswal, a financial service company suggests that the loan-to-deposit (LD) ratio is likely to subside on its own in the coming months.
Mumbai (Maharashtra) [India], September 3: On the sidelines of Global Fintech Festival 2024 (GFF), PayU, one of India's leading digital financial services providers, announced the launch of its most advanced and innovative payment solutions along with a host of industry-leading collaboration
Ahmedabad (Gujarat) [India], September 3: Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India's leading life insurers, has announced the launch of its offshore branch at Gujarat International Finance Tech-City (GIFT City), India's first International Financial Services Centre (IFSC). T
London [UK], September 3: TerraPay, a leading global money movement company, proudly announces the appointment of Ralph Koker as the Global Head of Products. Ralph joins TerraPay with over two decades of experience and expertise in product strategy and development within the financial servic
Mumbai (Maharashtra) [India], September 3: Fibe, India's leading fintech, has integrated onto the ONDC Network to extend credit services to the underserved parts of the country. It has become one of the first fintechs to be onboarded on the Open Network's financial services-credit category.
Mumbai (Maharashtra) [India], September 2: Turnkey Solar Energy Solutions provider, Solar91 Cleantech Limited has filed its Draft Red Herring Prospectus (DRHP) with BSE's SME platform for its proposed Initial Public Offering (IPO). The public issue will consist of a fresh issue of 54.36 lakh